Under Medical expenses, there is $1262 listed that I cannot find out where it cam from. The amount is listed under the unreimbursed Health Care Expenses line one but there is no explanation as to where the number comes from. We have a 1095-A that we included (one month insurance) and the monthly tax credit C is $1280 - this is the closest number to the $1262.
Any idea as to where the $1262 is coming from?
You'll need to sign in or create an account to connect with an expert.
The $1262 may be the total Healthcare premium minus the monthly credit- this would be deductible as a medical expenses if you itemize because it comes out of pocket. It also may be the amount of the advanced premium tax credit that you needed to return.
The $1262 may be the total Healthcare premium minus the monthly credit- this would be deductible as a medical expenses if you itemize because it comes out of pocket. It also may be the amount of the advanced premium tax credit that you needed to return.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
Koak99
New Member
Retiredgranddad
New Member
bml42
New Member
in Education
bandit1145
New Member
js1432272
New Member
in Education